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Gujarat IT/ITeS policy 2022–2027

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Gujarat IT/ITeS policy 2022–2027
Gujarat Chief Minister Bhupendra Patel unveiled a new IT/ITES policy at GIFT City, Gandhinagar
LocationGandhinagar
StateGujarat
Chief MinisterBhupendra Patel
MinistryScience and Technology
Key peopleJitu Vaghani, Vijay Nehra
Launched8 February 2022; 2 years ago (2022-02-08)
GIFT City, Gandhinagar
Websitedstpolicy.gujarat.gov.in

The new Gujarat IT/ITeS policy was unveiled on 8 February 2022 at GIFT City, Gandhinagar by Chief Minister Bhupendra Patel. The objective of the policy is to strengthen the Information technology ecosystem of Gujarat and to generate 1 lakh direct jobs in the IT/ITeS sector.[1][2] The goal is to improve IT export to 25,000 crore from 3,101 crore.[3][4]

Key Pointers

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  • Facilitate the creation of world class co-working spaces to enable any IT company to fast track their IT operations in the State.[5]
  • Establishment of the Gujarat AI School / AI Center of Excellence with the objective to become the foremost source of Industry ready skilled talent for the IT Industry.[6]

CAPEX

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  • The policy envisions CAPEX support of 25% up to INR 50 Cr. for normal projects and INR 200 Cr. for Mega Projects.[7]
  • CAPEX support for Data Center of 25% up to INR 150 Cr. and Power tariff subsidy of INR 1/unit for a period of 5 years.
  • CAPEX support for Cable Landing Station (CLS) of 25% up to INR 20 Cr. and Power tariff subsidy of INR 1/unit for a period of 5 years.

OPEX

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  • Under the OPEX model, the government will provide support of 15% up to INR 20 Cr. per year for normal projects and INR 40 Cr. per year for Mega Projects[8]

Employment

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  • Special initiatives to boost IT employment in the state through Employment Generation Incentive and up to 100% reimbursement of employer's EPF contribution [6]
  • Financial support up to INR 50,000 per person through Direct Benefit Transfer (DBT) to the graduate students and working professionals for skill development[9]
  • Large-scale Information, Education and Communication (IEC) programs targeting school children and general public for improving digital literacy and enhancing awareness of Information Technology.

IT Cities / Townships

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  • Incentivizing the development of IT Cities / Townships with CAPEX support up to INR 100 Cr. and relaxations in regulatory & FCI norms.[10]

References

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  1. ^ "Gujarat unveils new IT policy to generate 1 lakh direct jobs". The Indian Express. 2022-02-09. Retrieved 2022-02-13.
  2. ^ Bureau&, BL Ahmedabad. "Gujarat launches new IT/ITeS policy, aims to generate 1 lakh jobs in 5 years". www.thehindubusinessline.com. Retrieved 2022-02-13.
  3. ^ "CM Patel launches new IT policy as Gujarat prepares for technological revolution". The New Indian Express. Retrieved 2022-02-13.
  4. ^ "CM Bhupendra Patel Launches New IT Policy of Gujarat". OTT India. 2022-02-08. Retrieved 2022-02-13.
  5. ^ "Gujarat unveils new IT policy expecting 8-fold growth in exports". Sarkaritel.com. Retrieved 2022-02-13.
  6. ^ a b "Gujarat to set up an AI school under new IT/ITeS policy". Analytics India Magazine. 2022-02-09. Retrieved 2022-02-13.
  7. ^ Niyati Parikh (Feb 8, 2022). "Capex support of up to Rs 200 crore in Gujarat IT/ ITes Policy | Ahmedabad News - Times of India". The Times of India. Retrieved 2022-02-13.
  8. ^ "Gujarat's new IT-ITeS policy to create 1 lakh jobs in 5 years". IndBiz | Economic Diplomacy Division. 2022-02-10. Retrieved 2022-02-13.
  9. ^ "Trending news: New IT Policy of Gujarat: Government has implemented new IT policy, the sector will get a boost". Hindustan News Hub. 2022-02-08. Retrieved 2022-02-13.
  10. ^ "Gujarat government rolls out new IT & ITeS policy for five years". The Financial Express. Retrieved 2022-02-13.
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Official website